DEO Stock Recent News

DEO faces hurdles from shifting consumer sentiment and high inventory in LAC, while a cautious consumer backdrop impacts its U.S. Spirits segment in North America.

The award-winning brand continues in its endeavor for inclusivity, offering innovation for consumers who are blind or have low vision NEW YORK , Sept. 17, 2024 /PRNewswire/ -- Ketel One Family Made Vodka is thrilled to announce its latest innovation: an accessible on-bottle QR code (AQR).

Thanksgiving is right around the corner, whether we like to acknowledge that fact or not.

All season long, rally the crew for legendary adventures (on land and sea) that only start when you Follow the Captain NEW YORK , Sept. 10, 2024 /PRNewswire/ -- Captain Morgan, the Official Spiced Rum Sponsor of the NFL, is setting sail with the return of 'Follow the Captain,' inviting crews across America to join in on the most epic scavenger hunt – with even more legendary adventures and prizes up for grabs all season long.

The brand's partnership with television's biggest night kicks off the next chapter for Johnnie Walker as it embarks on a new era of cultural collaborations, redefining expectations and occasions for Scotch whisky enjoyment NEW YORK , Sept. 6, 2024 /PRNewswire/ -- Johnnie Walker, the world's number one blended Scotch whisky, is embarking on a groundbreaking series of partnerships to inspire a new generation of whisky drinkers and expand its impact across spheres within modern luxury culture.

The perfect indulgence that brings everyone together, so Don't Churro Solo! NEW YORK , Sept.

Diageo is a quality beverage business with a low P/E ratio and a high yield, making it an attractive investment opportunity. Despite some challenges and declines in the sector, Diageo is expected to rebound and offer a potential 15%+ annualized return. The company's strong position in the market, diverse footprint, and potential for long-term demand make it a solid investment choice.

Pernod Ricard's latest results had a knock-on effect on rivals Diageo PLC (LSE:DGE) and spirits group Fevertree Drinks (AIM:FEVR) as gin sales at the French group were notably weak. Among the brands Beefeater Gin volumes were down 10%, noted Peel Hunt, which pointed out this is an unhelpful read for tonic specialist Fevertree, although one that has already been flagged.

Diageo's H2 2024 results fell short of expectations due to FX impacts and a decline in average selling prices, despite slightly higher shipment volumes. Management remains cautious about the 2025 outlook due to moderate global consumer demand and the cost of financing working capital. The company continues to invest in marketing and production, which supports future growth prospects, particularly in markets like Asia with healthy sales performance.

Join the tailgate revolution with the lauded lineup's newest game day essential NEW YORK , Aug. 13, 2024 /PRNewswire/ -- Just in time for football season, Diageo introduces the latest addition to its esteemed line of ready-to-serve cocktails, The Cocktail Collection: The Crown Royal Whisky Sour Cocktail with Black Cherry. This seventh offering complements the Collection's lineup of cocktails including the Ketel One Espresso Martini and Tanqueray Negroni, designed to bring the expertise of a skilled bartender to any host, from a spirited tailgate or a cozy home watch party.